XRP’s Bullish Setup: Why I’m Targeting $3 with a 1:4 Risk-Reward

19 Mar

After its recent impressive rally to $3, XRP has shown remarkable resilience during the correction, establishing a strong support level around the $2 mark.
Despite the broader downturn in the crypto market, XRP has held up well, demonstrating significant strength.

Last week, XRP tested this $2 support level once again and rebounded, reinforcing its stability. The current price action is shaping a bullish flag pattern, which suggests that a new upward move could be on the horizon.

With this in mind, I am looking to buy XRP, anticipating a potential breakout.
Given my target of around $3, I am aiming for a 1:4 risk-reward ratio for this trade

19 Mar

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Sometimes is better to be lucky than smart
XRP exploded exactly after my buy